Parsad Posted July 7, 2021 Posted July 7, 2021 Rockefeller, Carnegie, Vanderbilt, Frick & Baker...Bezos, Zuckerberg, Gates, Arnault & Musk. Cheers! https://finance.yahoo.com/news/super-richs-wealth-concentration-surpasses-gilded-age-levels-210802327.html
wabuffo Posted July 8, 2021 Posted July 8, 2021 (edited) and a mere 2% in the late 1970s. When interest rates hit 18%! because so much of their wealth consists of unrealized gains in stocks... Eureka! Raise interest rates back up to 18% to solve the problem of unrealized gains in stocks! Edited July 8, 2021 by wabuffo
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now